Overview and Scope
An ion milling system refers to a system that performs a physical etching method that removes material off the surface of a substrate (or coated substrate) in a vacuum to a specific depth or underlayer by accelerating the ions of an inert gas (usually AR) from a comprehensive beam ion source into the surface.
Sizing and Forecast
The ion milling system market size has grown rapidly in recent years. It will grow from $2.32 billion in 2023 to $2.56 billion in 2024 at a compound annual growth rate (CAGR) of 10.3%. The growth in the historic period can be attributed to initial adoption of ion milling for material processing, expansion of semiconductor manufacturing, increasing demand for nanotechnology, growth in the electronics industry, increased demand for precision machining, increased demand for high-performance materials.
The ion milling system market size is expected to see strong growth in the next few years. It will grow to $3.69 billion in 2028 at a compound annual growth rate (CAGR) of 9.6%. The growth in the forecast period can be attributed to rise in demand for miniaturization in electronics, expansion of research in material science, adoption of ion milling in emerging industries, increased focus on high-precision manufacturing, integration of ion milling in semiconductor fabrication. Major trends in the forecast period include integration of in-situ monitoring and control features, customization of ion milling processes for specific materials, rise in demand for ion beam-assisted deposition systems, increasing use of cryogenic ion milling for improved results, adoption of environmentally friendly ion milling technologies.
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Segmentation & Regional Insights
The ion milling system market covered in this report is segmented –
1) By Product Type: Cross-Section Milling, Flat Surface Milling
2) By Electron Microscopy Type: Scanning Electron Microscope (SEM), Transmission Electron Microscope (TEM), Focused Ion Beam (FIB)
3) By Sample Material: Ceramics, Polymers, Composites, Metals, Other Materials
4) By Application: Semiconductor Manufacturing, Geological Institutes, Forensic Laboratories, Medical Research Institutes, Food Analysis, Other Applications
North America was the largest region in the ion milling system market in 2023. The regions covered in the ion milling system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The adoption of automation is expected to propel the growth of the ion milling system market going forward. Automation refers to the development and use of technology to manufacture and provide goods and services with little or no human involvement. Ion milling processes that are high-quality and high throughput is made possible with the help of automation, thus increasing demand. For instance, in October 2021, according to the new World Robotics 2021 Industrial Robots report by the International Federation of Robotics, a Germany-based organization for robotics research, global robot installations increased by 13% to 435,000 units in 2021. Further, globally, 3 million industrial robots are operating in factories. Therefore, the adoption of automation is driving the growth of the ion milling system market.
Key Industry Players
Major companies operating in the ion milling system market report are Hitachi High-Tech Corporation, JEOL Ltd., Leica Microsystems GmbH, Veeco Instruments Inc., Oxford Instruments plc, Plasma-Therm LLC, Gatan Inc., Denton Vacuum, AJA International Inc., Nordiko Technical Services Ltd., Technoorg Linda Co. Ltd., scia Systems GmbH, Intlvac Thin Film Corporation, 4Wave Inc, Quorum Technologies Ltd., Agar Scientific, Nano-Master Inc., Scientific Vacuum Systems Ltd, EDEN Instruments, Y.A.C. Beam Co. Ltd, Canon Anelva Corp, Fischione Instruments Inc., Ted Pella Inc., ULVAC-RIKO Inc., Unicam Systems
The ion milling system market report table of contents includes:
1. Executive Summary
2. Ion Milling System Market Characteristics
3. Ion Milling System Market Trends And Strategies
4. Ion Milling System Market – Macro Economic Scenario
5. Global Ion Milling System Market Size and Growth
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32. Global Ion Milling System Market Competitive Benchmarking
33. Global Ion Milling System Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Ion Milling System Market
35. Ion Milling System Market Future Outlook and Potential Analysis
36. Appendix
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